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Q5) According to the following table which country has the comparative advantage in Cheese Q7) List and discuss the key services provided by the financial

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Q5) According to the following table which country has the comparative advantage in Cheese Q7) List and discuss the key services provided by the financial system. (5 Points) production? Make sure to include the opportunity cost calculation to support your answer. (10 Points) The table shows the number of individuals in each country required to produce one pound of the commodity listed in the first column. Country A Country B Milk 2 1 Cheese 4 Q8) Using the simple deposit multiplier calculate the increase in deposits when the fed, through open market operations, purchases $40,000,000 in securities. Note the reserve to deposit ratio (R/D) is 10 percent. (10 Points) Q6) List the functions of Money. (5 Points)

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